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News, information and research from Boston UniversityWed, 21 Sep 2011 18:14:24 +0000en-UShourly1http://wordpress.org/?v=4.1.5Wall Street compensation battleshttp://blogs.bu.edu/bunow/2009/05/27/wall-street-compensation-battles/
http://blogs.bu.edu/bunow/2009/05/27/wall-street-compensation-battles/#commentsWed, 27 May 2009 14:29:03 +0000http://blogs.bu.edu/bunow/?p=480With public heat on bonuses at bailed-out Wall Street banks, Citigroup and Bank of American reportedly may be joining Morgan Stanley in raising base salaries to make up for annual bonus limitations. School of Management Professor Fred Foulkes, director of the Human Resources Policy Institute, can comment on the trend.

Reports say the Obama administration is mulling an overhaul of compensation practices in the financial services industry, including for companies that did not receive bailout money like hedge funds and private-equity firms. School of Management Professor Fred Foulkes, director of the Human Resources Policy Institute and an expert on executive compensation, can discuss what this could mean.